TELEVISION
What is the most popular video-on-demand streaming platform in the USA and why?
One video-on-demand streaming platform in particular has seen a sizeable increase in subscribers, making it the most popular across the US.
Netflix is the most popular video-on-demand platform in the United States and globally. According to its second-quarter earnings report, the company added around eight million subscribers across all its plan options.
How much money does Netflix make?
The report indicated a record of 277.65 million subscribers worldwide after an increase of 8.05 million. Additionally, Netflix reported revenues of $9.56 billion and operating income of $2.6 billion, both significantly higher than the previous year. Previously, Netflix had announced that it would stop reporting the number of subscribers and average revenue per member starting from the first quarter of 2025.
Looking ahead, the company expects a 14 percent revenue growth in the third quarter. Netflix also revealed that it is working on designing a new TV homepage, which could become the “biggest update in a decade.”
What plans does Netflix offer?
Standard Plan with Ads ($6.99 per month)
This plan includes ads. Some movies and series are not available. It also includes unlimited mobile games and allows you to watch content on two compatible devices simultaneously in Full HD. You can also download content on two compatible devices simultaneously.
Standard Plan ($15.99 per month)
This plan includes mobile games, series, and movies without ads and without limits. You can watch content on two compatible devices simultaneously in Full HD. You can download content on two compatible devices simultaneously. Additionally, it includes the option to add up to one extra member who does not live in the registered household.
Premium Plan ($22.99 per month)
This plan includes mobile games, series, and movies without ads and without limits. You can watch content on four compatible devices simultaneously in Ultra HD. You can download content on six compatible devices simultaneously. It also includes the option to add up to two extra members who do not live in the registered household. It offers spatial audio, which “enhances the sound without the need for surround sound speakers or home theater equipment,” according to the website.